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    833 Sterlington Hwy Farmerville, LA 71241

    For Sale
    Contact for pricing

    High-traffic location, two lots available.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This prime commercial land parcel offers exceptional visibility and accessibility, situated directly in front of a Walmart Supercenter in Farmerville, Louisiana. The property consists of two separate lots, totaling between 0.7 and 1.56 acres, providing flexibility for various development opportunities. Its strategic location within a high-traffic area ensures significant exposure to a large customer base, making it ideal for a variety of commercial uses. Potential tenants could include fast-food restaurants, other restaurants, or retail establishments seeking a high-visibility location. The address is 833 Sterlington Hwy, Unit 153559, Farmerville, LA 71241, in Union Parish County. This property presents a rare opportunity to establish a business in a thriving retail environment, benefiting from the significant foot traffic generated by the adjacent Walmart. The combined acreage provides ample space for development, allowing for flexibility in design and layout to accommodate a range of commercial ventures. Serious inquiries are encouraged to explore the potential of this exceptional commercial land opportunity.

    Property Features for 833 Sterlington Hwy

    General Information

    Property type
    Land
    Lot Size
    30,492 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walmart Business Center Computer Service Primo Water Refill ... Bottled Water Supplier Walmart Tech Services Computer Service Walmart Supercenter Department Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmerville
    County
    Union Parish
    State
    Louisiana
    Longitude
    -92.3943922
    Latitude
    32.7733491

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-traffic location, two lots available.
    Where is this land located?
    The property is located at 833 Sterlington Hwy Farmerville, LA.
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    833 Sterlington Hwy Farmerville, LA 71241
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    Farmerville, LA 71241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    833 Sterlington Hwy Farmerville, LA 71241
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